LLL

I wasn't that impressed with the LLL breakout today until after I looked at the price relative line on this chart. It hit a new high just about the time price was getting back above the 50dma and well off the previous high. Also, according to the 200dma, this appears to be starting a new uptrend. Many of the leading stocks are now in late stage bases, so if the market is starting a new up trend, we may see some new stocks taking over.